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We had a story yesterday noting USDA export numbers, compiled by the U.S. Meat Export Federation, shows U.S. beef exports in 2018 topped both volume and value records set in 2017. And part of that rise is contributed to the strong demand for U.S. beef in South Korea. Joe Schuele has more details.

Representatives from nearly 50 U.S. agribusinesses and farm organizations will join Foreign Agricultural Service (FAS) Administrator Ken Isley on a U.S. Department of Agriculture (USDA) trade mission to Seoul, South Korea, Nov. 5-8. “Korea is consistently among the largest and most reliable export markets for U.S. agriculture and the U.S.-Korea Free Trade Agreement, known as KORUS, has opened up even …

South Korea is one of the most reliable export markets for U.S. agricultural goods. Its vibrant economy offers easy access to modern retail outlets and is home to a large urban population seeking convenient and healthy food products. Increasing wealth, a growing number of women in the workforce, and a younger generation seeking international foods are also contributing to the …

U.S. beef exports set a new value record in May, while also significantly increasing year-over-year in volume. That’s according to new data released by the USDA and compiled by the U.S. Meat Export Federation. May pork exports were lower, although January-May totals for U.S. pork remained ahead of last year’s pace. Beef export volume was 117,871 metric tons in May, …

Agriculture was ‘left out’ of the U.S.-Korea (KORUS) Free Trade Agreement renegotiation effort, a relief to the sector. For many in agriculture, there was more to lose than gain in the renegotiation effort. The U.S. is the largest supplier of beef to Korea and the second largest pork supplier. Data from the U.S. Meat Export Federation shows red meat exports …

The South Korean Ministry of Agriculture has adopted a new regionalization policy that is good news for the U.S. poultry and egg industry. The new policy prevents a countrywide ban on U.S. exports to Korea in the event of a future finding of Highly Pathogenic Avian Influenza. Should a case be found in the future, only exports from each affected …

Help Protect U.S. Trade During HPAI Detections The United States Department of Agriculture (USDA) announced an agreement with the government of South Korea that significantly reduces negative impacts on trade should another detection of highly pathogenic avian influenza (HPAI) occur in the United States. The agreement will allow for trade restrictions at the state level instead of the country level …

South Korea is creating a task force to respond to U.S. trade protection measures. South Korea’s Foreign Ministry has ordered the South Korean embassy in Washington set up the special response team. South Korea has requested to be excluded from proposed higher import tariffs on steel exports under Section 232 of the Trade Expansion Act, emphasizing the negative effects the …

For the past year, South Korea has been one of the top global markets for U.S. beef and pork exports. The South Korean director for the U.S. Meat Export Federation says the American beef industry has been very successful in restoring consumer confidence in U.S. beef. Many Korean restaurants and retailers that were once reluctant to carry U.S. beef now …